SBICARD AnalysisI have analyzed SBICARD with different GANN technique. I have considered it trend as well. Based on that i am see more weakness in this SBICARD. Target is 611, 579Shortby skumarinsweden2
SBI Card: No change in down trendSBI Card has bounced back from support level multiple time. In fact too many times. Whenever it has bounced back to make a swing high, it seems buying was not strong enough to take it above last swing high overall (igonoring minor swing highs). - There is strange consolidation near support level. It never happened in past but something is changed in stock's behavior here. - The stock even gave break out above the range formed with heavy volume, but volume and price action did not follow through. Most likely seems to attract liquidity. Conclusion: - It seems like price will continue same bearish trend unless there is decisive closing above 820 levels. - Might be sideways or might reach near life time low before going up. Still not ready to buy for long term.Shortby vkfinserv2
SBICARD : Towards ending correctionSBI Cards (SBICARD) Analysis Wave Count: Completion of a 5-wave corrective structure, with Wave 5 ending near the liquidity sweep zone at ₹668.75 (golden Fibonacci retracement zone). Key Levels: First Target: ₹738.00 Second Target: ₹783.00 Stop Loss: ₹650.70 (on a daily close basis) Trend Indicators: Price is below the 100-SMMA, signaling bearish pressure. A break above this moving average would confirm bullish momentum. Trading Plan Entry Zone: Around ₹675.05 (near the completion of Wave 5). Confirmation Criteria: A strong bullish candle with above-average volume breaking and closing above ₹685. Stop Loss: ₹650.70 (on a daily close basis). Targets: First Target: ₹738.00 Second Target: ₹783.00 Risk-Reward Ratio: Favorable for entries near ₹675, with potential upside toward ₹783. Longby LiveTradingBox6
SBI Cards Stock AnalysisAnalysis of SBI Cards Stock Idea Current Price: ₹697.40 Technical Overview: * Double Bottom pattern with breakout. Target Levels: * ₹850 (initial) * ₹1,000 (extended) * ₹1,100 (ultimate) * Strong support around ₹650-₹700 from breakout zone. Fundamentals: * Leading credit card issuer in India with strong revenue and profit growth. * Positioned to benefit from growing digital payment adoption in India. * Key risks include exposure to credit defaults, but SBI backing mitigates risk. This could be a solid opportunity if the trend holds. Join Now: buff.lyLongby TheWealthyInvestorbyDSAB2
SBICARD S/R Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.by zenthosh0
SBI CARD 1WSBI Card is exhibiting a descending triangle formation I'm not a SEBI-registered analyst. All posts and levels shared are just for educational purposes. I'm not responsible for any losses or profits. No claims, all rights reserved Shortby saimandali0
SBI Cards Long Term Analysis NSE:SBICARD strong breakout in monthly and weekly timeframe. Add more at 765 to till 720, SL 692. Targets highlighted in blue lines. Longby sugatmankar10
LONGTrend reversed on weekly chart, revenue increased YOY significantly. trend line clearly crossed. Lets see whether it respects the trend line. If in case bought , sell it if again closed below the trend line.Longby ronsuz724
SBICARD W1 SBICARD Pros Company has delivered good profit growth of 22.7% CAGR over last 5 years Cons Stock is trading at 6.31 times its book value Longby Trust_Me_Soldiers6
SBICARDSBICARD has given buy signal on daily chart on weekly chart. Also breaking out the long-term downtrend line. Can enter after retest on Trend 📉 line.by MoonPro3
SBICARD CMP 800.65SBI CARD is You turn after touch its IPO price. Chart looks good as trendline is broken after few months of consolidation. RSI Trendline also suggest upside move. Targeting for Fib 1.61% in Long Run. Longby arpitstrading2
SBI Cards : Under Bull's Control for 15% - 50% riseSBI Cards : A good Short term (15%) to Long Term (50%) play on cards from current levels. 720 SL Here’s a summary of the key points : 1. Rating Upgrade: Stock rating for SBI Cards (SBICARD) upgraded to 'Buy' from 'Sell'. 2. Target Price Raised: Target price increased to 913 rupees from 652 rupees. 3. Profit Outlook: Pre-provision operating profit for SBIC is stabilizing as the industry undergoes cost rationalization. 4. Cost Efficiency: Improvement in the cost-to-income ratio amidst industry consolidation. 5. Earnings Estimates: EPS estimates raised by 7% for FY25 and 21% for FY26. 6. Credit Cost Expectations: Anticipates improvement in credit costs starting Q2 FY25 and expected loan growth from FY26. 7. Bond Issuance: SBI Cards accepted bids totaling 15 billion rupees ($178.7 million) for 10-year subordinated bonds at an annual coupon of 8.25%. 8*** Concerns on Lending: Ongoing concerns regarding unsecured lending in the market due to rising household leverage. Longby CKParkhi0
SWING IDEA - SBI CARDS AND PAYMENTSThis setup presents an attractive opportunity for swing traders to capitalize on the potential uptrend in SBI Cards . Reasons are listed below : Strong Support at 670-700 Levels : SBI Cards has established a robust support zone in the range of 670-700 levels, indicating strong buying interest and potential reversal points. Bullish Marubozu Candle : A bullish Marubozu candlestick pattern has formed in both the weekly and daily timeframes, suggesting strong buying momentum and potential upward movement. Engulfing Pattern : The bullish engulfing pattern on the weekly chart, engulfing four previous candles, reinforces the bullish sentiment and indicates a potential reversal of the downtrend. Double Bottom Pattern : A double bottom pattern has emerged on the daily timeframe, indicating a potential trend reversal and bullish continuation. Target - 790 // 855 // 935 Stoploss - weekly close below 670 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insightsLongby Visionary_Growth_InsightsUpdated 4432
SBI Card formed Descending Triangle SBI Card formed a descending triangle pattern .Breakout will happen if close above 750 level in tht case stoploss will be 680 level. Target mention on chart.Longby siddharath_23Updated 13
SBICARD....BuyGood triangle breakout...this will zoom up to the tgt(calculated as per triangle rules)....by 2025 end...So buy and sit tight ..investors...Longby JUDEBOY5
SBICARDS ready to pay-off!!!A breakout of a long consolidation! The stock may show 850-920 levels soon! Long in it!Longby ojha_gaurav1
Sbi card going to rocket Sbi card is going to rocket target 900+ this chart is only for studies purose so please resarch your side Longby mahesh767006
SBICARD CMP 763.SBICARD trading near IPO Listing price .Currently showing price strenth with weekly bollinger band breakout signal.Its a Trendline breakout area also on chart. It showing bottom out. It have low Risk High Reward setup. Please study chart and find your best entry exit area.Longby SUMIT_DHIMAN_MZN_UP5
Can SBICARD show some run finally?SBICARD has given almost 0% returns after listing. Can it show some reversal signs from here. What if I Say, this can show some multi-bagger return from here. I know most of people will say I am crazy, but let us run through some facts before calling me crazy. ->Only Listed company in Credit Card Market. -> It is a subsidiary of India’s largest commercial bank, the State Bank of India. Green Flags #Company is standing at highest ever revenue #Company is standing at highest ever EPS #Company is trading at lowest PE from it's listing day which is below median #FIIs have started increasing stage from last quarter #Company has delivered good profit growth of 22.7% CAGR over last 5 years #Company Stock CAGR is -12% in last three years even after good growth in profit and sales growth of 35% & 22% respectively. (Value Unlocking is mandatory) # Company is standing at highest ever reserves in Balance sheet. #Company has consistent ROE of 22% #Cards in force stand at 1.92 crore, reflecting an 11% year-over-year growth. #SBI Card holds an 18.5% market share in the credit card industry. Red Flags #Credit cost increased to 8.5% from 7.5% in Q4 FY24, with Gross Non-Performing Assets (GNPA) at 3.06%. #Incremental provisions rose by ₹51 crore quarter-over-quarter, with write-offs increasing by ₹105 crore. #Over-leveraging among customers has impacted repayment capacity, leading to a rise in delinquencies. Personally I am bullish and will initiate once breakout is confirmed. Please do your own analysis before taking any trade. Happy Investing.. Longby Stockiist13
SBI CARDS Investment ViewEverything is on chart for investment view AREA UP AREA LOW SPACELongby Dreameyex2
SBI CARDS LT InvestmentNSE:SBICARD After a long consolidation period starting from Jan till date has finally given a breakout today with good % increase SBI currently holds the highest number of Bank accounts, and the credit card industry which is yet to boom in India currently has a lot of potential for new customer acquisitions and thus makes SBICARD a very promising company, their earnings have been robust and the next boom from rate cuts will be enjoyed by banks and financial institutions like SBICARD Although there are many great prospects, we should not forget the risk that we are already at ATH markets and the US economy has to be completely stable with rate cuts and job markets for us to have a smooth journey towards ATH of this stock, however the potential and market sentiments and conditions makes it a stock which can be considered for investment from a long term perspective.Longby Sannyu_Nanda4
SBICARDS - the sleeping giant awakens?This stock has been trading within a range for what feels like an eternity. The recent range consolidation lasted about 8 months, creating a strong base. However, we're finally seeing some action as the price has broken out of this prolonged range with a massive green candle, accompanied by significant volume—indicating strong buying interest. Key Highlights: - Range Consolidation : 8 months of sideways movement, providing a solid foundation. - Breakout Confirmation: The price has decisively moved out of the range with a huge green candle. - Volume Spike: The breakout is backed by strong volume, adding conviction to the move. - 100-Week Exponential Moving Average (WEMA): The price is currently testing the 100 WEMA, a crucial level to watch. - Trendline Breakout: A clear trendline breakout further reinforces the bullish sentiment. This stock is one to keep on your watchlist as it shows signs of a potential trend reversal. Of course, The week is yet to end. Disclaimer: This analysis is for educational and informational purposes only and does not constitute investment advice. Always conduct your own research or consult with a professional before making any investment decisions. Trading involves risks, and past performance is not indicative of future results.by TheChartereds10